Money Code How Stablecoins Scaled Cross-Border Payments to $80B w/ Daniel Vogel (Bitso)
10 snips
Dec 18, 2025 In this engaging chat, Daniel Vogel, CEO and co-founder of Bitso—a key player in Latin America's crypto landscape—explores how stablecoins transformed cross-border payments, driving over $80B in annualized volume. He shares insights on overcoming remittance challenges and the benefits of local-currency stablecoins like MXNB and BRL1. Daniel discusses the hurdles facing on-chain adoption, the importance of liquidity, and his vision for broader DeFi access. His advice for entrepreneurs underscores the need for responsibility and legitimacy in handling user funds.
AI Snips
Chapters
Books
Transcript
Episode notes
Remittance Story Sparked Bitso
- Daniel Vogel described helping a colleague in San Francisco and discovering remittance pain points that inspired Bitso.
- That real-world moment led them to build an exchange to make crypto liquid for Mexican pesos.
Stablecoins Enabled Cross-Border Scale
- Stablecoins reached critical mass and unlocked Bitso's original cross-border vision.
- Bitso now connects LatAm banking rails with global crypto rails to facilitate cross-border settlement.
Navigate Regulation Carefully
- Innovate within regulatory gray zones while avoiding illicit activity and maintain clear compliance reasoning.
- Build products that follow the spirit of law and have defensible answers for regulators when questioned.
